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Technology - Information Technology Services - NYSE - US
$ 291.97
1.5 %
$ 271 B
Market Cap
49.91
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one IBM stock under the worst case scenario is HIDDEN Compared to the current market price of 292 USD, International Business Machines Corporation is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one IBM stock under the base case scenario is HIDDEN Compared to the current market price of 292 USD, International Business Machines Corporation is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one IBM stock under the best case scenario is HIDDEN Compared to the current market price of 292 USD, International Business Machines Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart IBM

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$300.0$300.0$290.0$290.0$280.0$280.0$270.0$270.0$260.0$260.0$250.0$250.0$240.0$240.0$230.0$230.0$220.0$220.0$210.0$210.015 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
62.8 B REVENUE
1.44%
10.1 B OPERATING INCOME
2.58%
6.02 B NET INCOME
-19.71%
13.4 B OPERATING CASH FLOW
-3.49%
-4.94 B INVESTING CASH FLOW
30.17%
-7.08 B FINANCING CASH FLOW
-300.17%
14.5 B REVENUE
-17.16%
1.76 B OPERATING INCOME
-54.76%
1.06 B NET INCOME
-63.80%
4.37 B OPERATING CASH FLOW
0.92%
-13 B INVESTING CASH FLOW
-841.19%
5.44 B FINANCING CASH FLOW
424.76%
Balance Sheet International Business Machines Corporation
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Current Assets 34.5 B
Cash & Short-Term Investments 14.6 B
Receivables 14 B
Other Current Assets 5.88 B
Non-Current Assets 103 B
Long-Term Investments 1.79 B
PP&E 8.93 B
Other Non-Current Assets 92 B
10.64 %10.21 %4.29 %6.51 %67.05 %Total Assets$137.2b
Current Liabilities 33.1 B
Accounts Payable 4.03 B
Short-Term Debt 5.86 B
Other Current Liabilities 23.3 B
Non-Current Liabilities 76.6 B
Long-Term Debt 52.5 B
Other Non-Current Liabilities 24.1 B
3.67 %5.34 %21.18 %47.86 %21.95 %Total Liabilities$109.8b
EFFICIENCY
Earnings Waterfall International Business Machines Corporation
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Revenue 62.8 B
Cost Of Revenue 27.2 B
Gross Profit 35.6 B
Operating Expenses 25.5 B
Operating Income 10.1 B
Other Expenses 4.05 B
Net Income 6.02 B
70b70b60b60b50b50b40b40b30b30b20b20b10b10b0063b(27b)36b(25b)10b(4b)6bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
56.65% GROSS MARGIN
56.65%
16.05% OPERATING MARGIN
16.05%
9.60% NET MARGIN
9.60%
22.06% ROE
22.06%
4.39% ROA
4.39%
9.51% ROIC
9.51%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis International Business Machines Corporation
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16b16b14b14b12b12b10b10b8b8b6b6b4b4b2b2b0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 6.02 B
Depreciation & Amortization 4.67 B
Capital Expenditures -1.68 B
Stock-Based Compensation 1.31 B
Change in Working Capital 1.31 B
Others 4.33 B
Free Cash Flow 11.8 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets International Business Machines Corporation
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Wall Street analysts predict an average 1-year price target for IBM of $242 , with forecasts ranging from a low of $170 to a high of $385 .
IBM Lowest Price Target Wall Street Target
170 USD -41.77%
IBM Average Price Target Wall Street Target
242 USD -17.19%
IBM Highest Price Target Wall Street Target
385 USD 31.86%
Price
Max Price Target
Min Price Target
Average Price Target
400400350350300300250250200200150150Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
0.67% DIVIDEND YIELD
1.68 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
7.000007.000006.000006.000005.000005.000004.000004.000003.000003.000002.000002.000001.000001.000000.000000.000001.051631.242831.338431.434031.500961.548761.558321.641.651.661.671.242831.338431.434031.500961.548761.558321.567881.651.661.671.681.242831.338431.434031.500961.548761.558321.567881.651.661.671.242834.781.338435.261.434035.641.500965.941.548766.151.558326.221.646.331.656.591.666.631.676.673.352015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 10
6. Ownership
Insider Ownership International Business Machines Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
6.72 M USD 1
6-9 MONTHS
775 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
299 K USD 1
3-6 MONTHS
197 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
3 Top Cybersecurity Stocks to Buy in July Cyberattacks are a global problem that is just going to get worse as the world becomes more interconnected. Through malware, ransomware, phishing attacks, denial-of-service attacks, and identify theft, threats from cyberattacks are a daily fact of life. fool.com - 1 week ago
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AI Wave Triggers Tech Layoffs, 100,000 Jobs Are at Risk Key Points Major tech companies including Microsoft (NASDAQ: MSFT), Meta (NASDAQ: META), and Intel (NASDAQ: INTC) have collectively laid off tens of thousands of employees, increasingly citing AI automation as a driver. AI is replacing lower-level coding roles, enabling significant cost reductions and driving improved margins, particularly for firms with large software development teams. This trend is likely to accelerate as AI capabilities advance, positioning labor efficiency gains as a key profitability lever for mega-cap tech stocks. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; get started by clicking here.(Sponsor) Watch the Video https://videos.247wallst.com/247wallst.com/2025/06/10-AI-Wave-Triggers-Tech-Layoffs-And-100000-Jobs-Are-at-Risk.mp4 Transcript: [00:00:04] Doug McIntyre: Lee, one of the things that’s happened just in the last few months is I’m starting to see real layoffs real among the mega tech guys. [00:00:13] Doug McIntyre: I think Microsoft has announced two and then the, Wall Street Journal said they sort of did a stealth one too. Yep. And they, people are beginning to admit, the chairman of IBM (NYSE: IBM) said this three weeks ago, that AI is now affecting their ability to do coding, particularly what I would describe as lower level coding. [00:00:33] Doug McIntyre: Yep. And who does more coding than a big tech company? I not sure. Nobody. A railroad company or somebody. Yeah. So I’m looking for lots of layoffs at these companies with AI replacements and to me that’s a margin play as an investor. Well, yeah. I mean, that are replaceable. That’s a margin play to me. [00:00:55] Lee Jackson: Well, I have your numbers here. [00:00:57] Lee Jackson: Microsoft, which has been doing extremely good, that laid off 6,500 people. That’s a fair amount of people. I know they have a, a ton of employees, but Meta Platforms, the stock that has exploded higher over the last two years, they laid off 5% of their workforce, and that’s 3,600 people. And of course, I know your favorite company that, is a, loss leader in the intel chip business. [00:01:23] Lee Jackson: Intel laid off 21,000 people. And, surveys are indicating, and th this is that there will be over a hundred thousand layoffs just in the tech sector, when it’s all added up. Just over the last year or [00:01:41] Doug McIntyre: so, listen, the worst run tech company in the universe, IBM, has done some layoffs. They say because of ai Yeah. [00:01:49] Doug McIntyre: And they said there are more coming sell. Yep. When guys who literally, Can’t find the front door with a, their hands in a flashlight at IBM even. They’re smart enough to start. I know, So the [00:02:03] Lee Jackson: thing is, I, this is only gonna increase. And like you said,it’s expensive to get rid of people, but only on a one time basis, and once they’re out the door and once they’re severance or whatever’s been paid, then you know, you’re home free. [00:02:18] Doug McIntyre: I see this as a big margin play on big tech companies. Yeah. I really do. Being able to replace people, I don’t know where else it’s gonna work, but it’s working in tech [00:02:28] Lee Jackson: Well and exponentially it’s gonna go higher. ’cause AI’s gonna get grow more. [00:02:33] Doug McIntyre: Yeah. [00:02:34] Lee Jackson: So if you’re, an entry-level tech guy, consider a job in welding Yes. [00:02:38] Lee Jackson: To say goodbye. Yeah.I wouldn’t wanna be some engineer coming out now hoping for a, $200,000 a year job at. Big tech. I don’t know if it’s gonna be there forever. [00:02:49] Doug McIntyre: Ain’t gonna happen. The post AI Wave Triggers Tech Layoffs, 100,000 Jobs Are at Risk appeared first on 24/7 Wall St.. https://247wallst.com - 2 weeks ago
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IBM's Neudesic Boosts Cloud Security Capabilities: An Ace Up Sleeve? Neudesic renews Microsoft Cloud Security Specialization, reinforcing IBM's push into hybrid, multi-cloud security solutions. zacks.com - 2 weeks ago
IBM Concert Gains Traction: Can This AI-Driven Solution Aid the Stock? IBM Concert lands Deutsche Telekom as a client, showcasing how AI automation could reshape hybrid cloud security. zacks.com - 2 weeks ago
2 Soaring Tech Stocks With Amazing Dividends While many high-flying tech stocks don't pay dividends at all, investors can still find attractive dividends within the tech sector. International Business Machines (IBM -1.31%) and AT&T (T -1.97%) are two great examples. fool.com - 2 weeks ago
Deutsche Telekom selects IBM Concert to accelerate IT processes with AI-powered automation The AI-powered solution IBM Concert enables intelligent automation in patch management and the orchestration of security-related activities BÖBLINGEN, Germany , July 2, 2025 /PRNewswire/ -- Today, IBM is announcing that Deutsche Telekom, one of the world's leading providers of telecommunications and IT services, serving millions of residential and business customers, will implement the AI-powered solution IBM Concert, enabling intelligent automation in patch management and the orchestration of security-related activities. Patches are a necessary part of software lifecycle management. prnewswire.com - 2 weeks ago
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Forget IBM: Accenture's AI Momentum Is Your Next Buy For International Business Machines NYSE: IBM and Accenture NYSE: ACN, markets have reacted in starkly different fashion to the stories of these two Gen-AI consulting leaders. Both companies have built multi-billion-dollar Gen-AI businesses, but one stock has soared, while the other hasn't. marketbeat.com - 2 weeks ago
Dollar Down 10%? These 3 Stocks Could Soar The U.S. Dollar Index is down 10% in the first half of 2025. That's the weakest year-to-date performance since 1972, when the United States moved away from the gold standard. marketbeat.com - 2 weeks ago
8. Profile Summary

International Business Machines Corporation IBM

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COUNTRY US
INDUSTRY Information Technology Services
MARKET CAP $ 271 B
Dividend Yield 0.67%
Description International Business Machines Corporation provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions, such as Red Hat, an enterprise open-source solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity. This segment also provides transaction processing software that supports clients' mission-critical and on-premise workloads in banking, airlines, and retail industries. The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services. The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients' mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment. The Financing segment offers lease, installment payment, loan financing, and short-term working capital financing services. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.
Contact One New Orchard Road, Armonk, NY, 10504 https://www.ibm.com
IPO Date Sept. 24, 1915
Employees 270300
Officers Mr. Jonathan H. Adashek Senior Vice President of Marketing & Communications Ms. Anne E. Robinson Senior Vice President & Chief Legal Officer Mr. Alexander Franz Stern Senior Vice President of Strategy & M&A Mr. Robert D. Thomas Senior Vice President of Software & Chief Commercial Officer Dr. Bernard S. Meyerson Ph.D. Chief Innovation Officer Emeritus Mr. Arvind Krishna Chief Executive Officer, President & Chairman Ms. Nickle Jaclyn LaMoreaux Senior Vice President & Chief Human Resources Officer Mr. Gary D. Cohn Executive Vice Chairman Mr. James J. Kavanaugh Chief Financial Officer and Senior Vice President of Finance & Operations Olympia McNerney Global Head of Investor Relations